blankit doesn’t guess the renewal number. It runs the Canadian actuarial sequence a credentialled consultant would on the experience-rated health and dental lines, counters every other line below the ask, and shows each step in the report you send the carrier.
Three moves, roughly ten minutes. Rather not upload? Forward it to your firm’s email-in address, or send it from Slack or Microsoft Teams. Rider, blankit’s AI guide, keeps the rest of the file moving — or ask your own AI chatbot.
01
Upload
Any carrier’s format — Canada Life, Sun Life, Manulife, Desjardins, Medavie Blue Cross and the rest — as a PDF, experience workbook or photographed pages. Add the covering email: rate caps and pooling changes often live only there.
02
Analyze
Every benefit line — EHC, Dental, Life, Dependent Life, AD&D, Critical Illness, STD, LTD, EAP — is priced on the path that fits it, line by line, in carrier-comparable units.
03
Report
A renewal challenge report in your firm’s logo and colours: executive summary, line-by-line math and a recommendation the carrier can’t hand-wave away. The PDF comes in English or French, and the same analysis exports to Word, PowerPoint and an Excel workbook whose formulas recompute live.
Five core adjustments inside a nine-step sequence. The same logic is footnoted on the report, so the answer to an underwriter’s pushback is already on the page.
1
Pool-charge stripping
Isolate the group’s own experience.
2
IBNR completion
Load unreported claims — never defaulted.
3
Trend to renewal
Project forward to the period being priced.
4
Credibility blend
Weigh experience against the manual rate — never their ask.
5
TLR gross-up
Hold the carrier to their own target.
Every step, EHC / Dental
Strip large claimants from the claims
Claims above the carrier’s stated pooling threshold come out, leaving the experience the group is responsible for.
Remove the pooling charge from gross premium
What’s left is net premium — the money actually available to pay the group’s claims.
Complete the claims with IBNR
Incurred-but-not-reported claims are added. The figure comes from the carrier, your library or you — never guessed.
Compute the real net loss ratio
Incurred claims ÷ net premium. Usually higher than the carrier’s quoted ratio, and it’s the negotiating number.
Trend to the renewal midpoint
Experience is projected to the period being priced, on the renewal’s own trend where it states one.
Credibility-blend against the manual rate
The square-root rule weights the group’s own experience against last year’s rate trended forward — never the ask being challenged.
Gross up by the carrier’s own target loss ratio
The carrier’s own pricing target, with the pooling charge put back so the comparison stays like-for-like.
Run the carrier’s own rate formula
Where the renewal prints its loss ratios, target, trend and credibility, blankit runs their formula and never counters above it.
Cap at the carrier proposal
The fair premium never exceeds the ask — it opens below it. Where the math supports the ask, your analysis says so and the counter is labelled a negotiating position, not a claims finding.
The nine steps apply to EHC and Dental, the lines a carrier rates on the group’s own claims. Life, Dependent Life, AD&D, Critical Illness, disability and EAP aren’t experience-rated, so they aren’t argued on claims math. They still open just below the ask, and the report says which figures are rated and which are position.
Some lines are accepted exactly as proposed, because countering them would cost your client: a contractual rate cap the carrier honoured; a decrease on a line whose own claims argue for an increase; a pooled rate held flat on an ageing group; a fully pooled group; and a disability line the carrier’s own published method already supports. That last finding is yours alone — the carrier’s copy says only that the line is accepted. A breached cap is challenged, with the capped rate as the target.
And a fair premium never shows a cut deeper than 20%, roughly where carriers cap a reduction. A carrier already offering more than that is accepted as offered.
Where the renewal includes age-band tables, blankit splits an age-rated line’s increase into what an older census explains and what is the carrier repricing — drawn from their own numbers.
The client’s renewal package goes further than the arithmetic: a month-by-month claims run-rate, the one-off claims in the carrier’s breakdown (a prosthetic, medical equipment, travel) and whether each was argued, the terms the insurer set out in its covering email, the carrier’s top drugs with cost-management options and any innoviCares or RxHelp ONE savings card that lists them, how drug spend moved on the prior year, the drug-savings programs your firm has approved, the plan’s renewals year by year with the compounded and average increase it settled at against what the carriers asked for, and a next-steps page of what the sponsor has to decide.
Every input follows the same order: the carrier first, your client’s assumptions next, a flagged reference value last.
01
Preferred
A trend, IBNR factor or target loss ratio the renewal states is used exactly — arguing from their own number is the strongest position. Two exceptions: blankit never takes a credibility below its own standard, and never prices on a 0% IBNR. A figure you enter outranks everything.
02
Fallback
Where the renewal is silent, the figure comes from the client’s own assumptions — your booklet library, a value you enter, or your CRM if you use one.
03
Last resort
Only when neither exists does blankit use a platform reference figure, and your analysis screen flags it as one. Target loss ratio and IBNR have none — blankit asks you instead.
Never defaulted: the EHC and Dental target loss ratio and IBNR factor. If nobody supplies them, the analysis stops and asks you. A fully pooled group needs neither — mark the client pooled and blankit stops asking. Nor is the length of the experience period on a health or dental line: blankit reads it off the carrier’s own from-and-to dates, and asks you rather than assuming a span, because that figure sets both the per-member cost and how far the claims are trended.
Market a prospect or a client. Every quote is shown with its caps, guarantees and footnotes, and three finalists go head-to-head on the terms that decide what it really costs.
Forward a carrier’s reply and its covering email is read too. Where the two disagree, the document wins and the difference is reported.
A claims outlook projects each quote three to five years out, showing the year the group’s trended claims outrun what the premium leaves to pay them.
Pooling threshold
A higher threshold is risk quietly moved back onto the plan.
Virtual care
Bundled or billed extra, so a cheaper quote isn’t just a thinner one.
Health spending accounts
The admin fee on HCSA dollars that never shows in the premium.
Critical Illness terms
What the CI benefit actually covers, carrier by carrier.
The design you asked for
A quote that answers a different design is flagged, not filed as cheaper.
Coverage levels side by side
Each level priced gets its own rate page, compared only against carriers who quoted it.
The same analysis can be read against self-funding health and dental (ASO): projected claims, fees, stop-loss and taxes beside the insured premium, with a breakeven. An ASO saving depends on claims and is never guaranteed, and the comparison says so. A line that is already self-funded renews differently: there is no insured rate to challenge, so the analysis reviews the administrator’s fee, the claims budget and the reserves against the group’s own claims instead. And once a group has moved to ASO, the administrator’s statements show how it is actually doing: claims, fees, stop-loss and taxes against the deposits and the budget, the reserves held, and months with no statement marked as not reported rather than counted as zero.
Each firm stays its own
Every advisor firm in your group keeps its own name, logo, documents, carriers and clients, in databases of its own. Nothing is shared between firms.
One sign-in, every firm
Your team signs in once and works across as many firms as they need, switching from the bar at the top of the page. There are no per-firm logins to hand out or take back.
Everything due, in one list
Across your firms lists every open renewal, every task due this week and every data check to review, in every firm, soonest first. Your team gets the same summary by email each Monday.
Your firms, side by side
The group benchmark compares the firms: what carriers asked, what each renewal settled at and what it saved, firm by firm and carrier by carrier, against where renewals settle across the market — with each firm’s health and dental loss ratio, and its claims mix beside your group’s and the market’s. Download the whole table as Excel or CSV.
The MGA holds the account: you add firms, set each one up with its own branding, see what each one uses, and remove a firm when it leaves. Removing one closes it and deletes nothing, so it can be reinstated exactly as it was.
In the product
Practice dashboard
Renewal pipeline, the Clients hub, claims experience, and benchmarks in one surface.
Renewal pipeline
Every renewal in flight, urgency-sorted — proposed, fair, and negotiated increases side by side.
Client dashboard
Where a group stands at a glance — the renewal in flight, what the plan costs, and the years of premium and claims history behind it.
Fair Renewal Summary
The two-page carrier-facing summary: incurred claims, net premium, and the fair renewal position for health, dental and STD.
Claims experience report
A branded, interactive report that weighs multiple years — loss ratios, claim drivers, and category mix.
Employee chatbot
Booklet-grounded Q&A for plan members, white-labelled to the employer.
Critical illness enrolment
Plan members buy supplemental CI coverage in minutes, with carrier-bound rates.
Bring your latest carrier renewal and we’ll step through it on screen — including where the engine stops for a figure the carrier never disclosed.
